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this deficit -- could crush the future generations. and republicans and democrats both love america but we need to have leadership -- leadership in washington that will actually bring people together and get the job done and could not care less if it's a republican or a democrat. i've done it before, i'll do it again. i'm mitt romney, and i approve this message. i'm mitt romney, my name is julian bond. i know a little something about fighting for what's right and just. maryland's gay and lesbian families share the same values and they should share in the right to marry. i believe people of faith understand this isn't about any one religious belief. it's about protecting the civil right to make a lifelong commitment to the person you love. join me in supporting question 6. it's the right thing to do. >>> we want you to take a look at the time lapse that we got. this is 59th and the bay in maryland. as the night fell you can see the rains come and then they picked up. watch as daybreaks and you see the water taking on. well, there's one and that's where it stops. there's one carcinoma see bo to t
to issue deficit bonds or public services will grind to a halt. in order to do that, he must nail down an agreement with the opposition parties. that could force him to call an election. japanese lawmakers gathered monday to start an extraordinary session of the diet. noda only delivered his opening speech to the lower house. the opposition who control the upper house didn't allow him to speak. that's never happened before. noda had an agreement in august that led to the passage of bills to raise the consumption tax and reform social security. he's angling for more agreements. he needs opposition support to help reform the electoral system to address the disparity in weight of votes among constituencies. a more pressing issue, though, is the budget. the prime minister wants opposition parties to vote in favor of a bill to allow the government to issue deficit-government bonds. he says delaying this year's budget will affect people's lives and the economy. >> translator: every year we use the deficit bond bills as a tool to make political deals. we should give up this inappropriate prac
past 20 states in job creation and turned a deficit into a rainy day fund. whether in public office or private business, i did not ask people what party they belong to. i asked them what ideas they brought to the table. as the governor, i met with leaders of both parties to find common ground. that is what i will do as president, and i will start on day one. on my first day of office, i will send five bills to office and signed five executive orders. everyone of them will help us create jobs. that is just the start of my plan to create 12 million jobs in my first term alone. every piece of legislation and every executive order will help us achieve five important goals. first, to achieve north american energy independence by 2020. second, to make sure students and workers have the skills they need to succeed. third, we will promote trade that works for america and cut down on countries like china when they cheat. fourth, we will cut the deficit from day one and balance our budget within 10 years. finally, we will champion our small businesses, of the engine of job creation in this co
that the deficit is the top issue for so many in this country, how are they supposed to feel about the fact this candidate says hees not going to balance the budget until the end of the second term. >> our tax reform plan has been validated by harvey rosen out of princeton. even the president's current head of the council economic adviser said in 1986 -- a lot of additional jobs, so if you you add up the growth, we think $7 million worth of jobs, plus what we can save by reforming the tax code, it's fully possible. now, you mentioned defense spending. we're going to ramp it up, but do it at the same time the spending on overseas operations is going down. he wants to capture what he spent on afghanistan to help the military rest and reconstitute after ten years of welfare. >> it seems unfair when you all do it, too, those wars are already slated to end and they were paid for with borrowed money. when that isn't being spent, it's not saved for you too to do something else with. >> spending on defense, okay, the top line, if you're including those top line overseas expend we're going to be spe
, indeed, the government of i said i can't is very concerned about the fiscal deficit situation and the finance minister unveiling the consolidation plan, something that hasn't gone on particularly well with the markets because they're not willing to believe the fiscal map. let's talk about what the government intendses to close fy 13 with. the budgeted number 5.1, saying there will be a slippage, but they hope to contain to 5.3%. most estimates peg the fiscal deficit numberner from 5.7 to 5.9%. but as i said, the finance minister coming out all guns blazing and saying it cannot be a business as usual promise. the tough decidings will need to be taken. they are talking about the decisions on the taxation front. they hope to divest the government's share holding. the spectrum sale should give them another strengthening rupee will bring down their import subsidy especially as far as oil sub s citydyes are concerninged. so the government at this point in time is clear, they're also sending out a message to the reserve bank of india. it announces its mop taker poli policy, they feel
jobs. he said he would cut the deficit in half, instead it's double what it was. he said he'd get unemployment by now down to 5.2%, and we learned today it ticked up to 7.9%. that's 9 million jobs short. those are real americans. can't find work, 23 million in all can't find work or can't find work that's up to their needs. can only five part-time job. this is a critical time. the president was a president who took office with the economy as the number one challenge, and you know, he's got a higher unemployment today than when he took office. think of that. >> the president is also scheduled to speak this hour in ohio. we'll bring that to you live also. the story everyone here in new york is talking about today. will the new york city marathon help the city heal from sandy or make a bad situation worse? we'll spin on that and dive deep into our state of the day where i will make a change on my map as "the cycle" rolls on for a busy friday, november 2nd. begin. tomato, obviously. haha. there's more than that though, there's a kick to it. wahlalalalallala! smooth, but crisp. it's ki
spending cuts and we need to be talking about increasing revenues. it takes both to close the deficit. we both submitted our economic proposals to the boston globe. they were sent out four independent economic analysis. what the independent economists found is that i was 67% more effective at cutting the deficit then senator brown. why? because i am willing to make cuts. i am willing to make substantial cuts. i support substantial cuts. i also believe we have to raise revenues. that is what it will take to get serious about our deficit. i truly believe on this one, this is about our children and grandchildren. we cannot leave it to our grandchildren to pay off our debts. >> great question. we are in the $16 trillion national debt. we are in another trillion dollar deficit. you cannot keep borrowing to pay our bills. when we are talking about cutting military spending, we have party cut in half a trillion dollars. that affects many people in this room and people watching. i have been battling as a member of the arms services committee to try to find the resources to protect our men and wom
to get a broader deficit in place combining the tax cuts, extending the bush era tax cuts? umax. buerkle: the house voted with bipartisan support. we don't know what the regulation is going to be coming down type. it will disparately affect the middle class or it will affect all americans in an economy that is so fragile. it will be a mistake to raise taxes. the last congress in 2010 knew that. we don't raise taxes when the economy is fragile. it will impact businesses and job creation and what we want to do is encourage them and help them grow so they can hire and get our economy back on track. >> moderator: sea would get us back on track for now and beyond? buerkle: public. rozum: i would support progressives marginal tax rates on the top 10%. those that have done well in our economy in the past 40 years. i support the eisenhower rates. with the eisenhower rates we could raise $1.2 trillion people need to be put back to work with money in their pockets. i also support cutting the military budget by 50%. we can protect small businesses and farms by not raising taxes. when we get over a
job creator and then he went into government. and he took the state of massachusetts from deficits to surplus, from job losses to job gains. and let's think about his pure leadership capability in those olympics. he didn't lead with a title and he didn't lead with anything other than the ability of a human being to raise the bar of everybody else. you know what, my kids are 12 years old. i want an america that will give the next generation more than the last generation gave to us. that's the greatest american tradition that we celebrate across our great country. . i know he's going to deliver that. i'm not for mitt romney just because he happens to be a republican. i'm for mitt romney because he will lead to a brighter and stronger america and a brighter and stronger ohio. we need the wind at our back, not in our face. there are a lot of polls out there talking about what the going to happen. i've thought about it long and hard and i don't spin a lot. i do it straight from the shoulder. look around. look at this crowd. look at this enthuse asm and not just here. not just here but a
in indiana. when you are speaker of the house, for five of the six years, indiana ran deficits. came in, indiaaniels was $700 million in debt and a deficit of $700 million. i would like to know, from my colleagues on stage, how we will mature and preserve the fiscal integrity of indiana. >> if you spent the last 12 years in india and not congress you would know that our budget needs to be balanced. i have a balanced bipartisan a balanced budget. and the things you talked about were supported by david long, and lieutenant governor. find laughable that united states congressman would lecture anyone about fiscal responsibility. you voted not once, not twice but five times congressman. you voted and the results in increased our deficit by 200 billion, billion with a b dollars. >> find a key house, senate and governor's races on the c-span, c-span radio and c- span.org/campaign 2012. >> a discussion on the current state and future of the news industry, focusing on investigative reporting and journalism practices. this event, hosted by zocalo public square, is an hour and 15 minutes. [applaus
. to cut the deficit.... >> ryssdal: doh! >> congressman rehberg, cut the waste first. we need a balanced approach. >> ryssdal: deficit, right? that's cut the deficit. >> cut the deficit. >> ryssdal: so they didn't say "vote for," they didn't say rehberg for... or tester for congress, but they did say the word "deficit." >> they did say the word "deficit." >> ryssdal: bang-- that's an issue ad. >> that's an issue ad. >> ryssdal: okay, really? >> by the magic word test, that would be an issue advocacy ad. now you and i both know that this ad is aired during an election cycle and is intended to help jon tester. >> ryssdal: i wanted to know more about the group that made this ad. because you can't tell much from its name-- citizens for strength and security fund. so i went to their website and here's what i learned. they're a 501c4, social welfare group. they're an issues advocacy group-- they tell me that a couple of times. but that's it. there's no people listed, there's no address listed, there's no phone number listed. they make it really hard to find out who they are. the only way we kn
, having voted for a trillion dollar deficits for the last four years, the largest, fastest debt increase in american history, can say that we have to control spending. you have done nothing to control spending over the last four years. with respect to cut, cap, and balance, it's amazing to me that the idea of cutting wasteful spending, capping the ability of congress to spend money we don't have, and balancing the budget is extreme. i think it would force congress to set priorities and stopped funding in things like solyndra and prioritize things like social security, medicare, and education. that's why i support a balanced budget amendment to the constitution. >> the race to succeed the retiring new mexico senator is just one of the key house, senate, and governor's races you can follow on c-span, c-span radio, and at c-span.org. >> more campaign 2012 coverage next, to milwaukee, wisconsin. where friday the former governor tommy thompson faced off against u.s. congresswoman tammy baldwin, in their third and final debate for the senate seat left open by retiring senator herb kohl. it is
in this country. and we fa this deficit -- could crush the future generations. and republicans and democrats th love america but we need to have leadership -- leadership in washington that will actually br ping people together and get the job done and could not care less if it's a republican or a democrat. i've done it before, i'll do it again. i'm mitt romney, and i approve this message. prand you're seeing that rightno quit in amnow.a... i'm mitt romney, over five million new jobs. exports up forty one p percent. home values... rising. our auto industry... back. and our heroes are coming home. we're not there yet, but we've made real progress and the... last thing we should do is turn back now. here's my plan for the next four years: making education and training a national priority; building on our manufacturing boom; boosting american-made energy; reducing the deficits responsibly by cutting where... we can, and asking the wealthy to pay a little more. and ending the war in afghanistan, so we can... do some nation-building here at home. that's the right path.
office, we had moved past 20 states in job creation and turned a $3 billion deficit into a $2 billion rainy day fund. whether in public office or at a private business, i did not ask people what party they belonged to. i asked them what ideas they brought to the table. as governor, i met with leaders of both parties to find common ground. that is what i will do as president -- and i will start on day one. on my first day in office, i will also send five bills to congress and sign five executive orders. every one of them will help us create jobs. and that is just the start of my plan to create 12 million jobs in my first term alone. every piece of legislation and every executive order will help us achieve five important goals. first, we will achieve north american energy independence by the year 2020. second, we will make sure our students and workers have the skills they need to succeed. third, we will promote trade the works for america and crack down on countries like china when they cheat. fourth, we will cut the deficit from day one and balance our budget within 10 years. and fina
. >> >> this change to those deficits the fact is this president is in a ght race with governor romney it is not seem there is a clear winner. >> i think governor romney will win the numbers show the majority and they are better able to handle it that obama. even though we get little changes we still go 35 miles per hour when we should be going 70. people though the rest of the world is not right. the first abate mitt romney proved he can meet -- lead the country. lou: arguably he will change the history with that performance. what can be done by president romney to change the trajectory of this economy with more than a job creation machine? >> number one data piss-off the fiscal cliff. so we don't have a severe recession but simplify the tax code. fire ben bernanke to get somebody who realizes to cheapen the dollar is not the way to wealth. >> he could force him out. >> harry truman showed you could fire the fed chairman. [laughter] as well as a general. [laughter] lou: none of that has the immediate effect of those who have suffered under this administration. those who don't have a job and are unde
. at the same time, he is enormously concerned about the deficit, about government spending, and about debt. he told me if i ran my business the way the government runs its house, i'd be out of business, and that is what we hear across iowa, city to city, whether they lean right or left, they hate the debt here, and i spoke to this one guy in des moines, bob bradshaw. i think he sums it up pretty well. listen. is it the jobs or is it the deficit? >> both. you know, if we're not bringing it in, we shouldn't spend it. and if it's, you know, tough on us to make it better for our kids, i'm willing to sacrifice now to make it better for our kids. >> so interesting. and also people talk about the quality of the jobs, too, right? so even though the unemployment rate is 5.2%, they're worried about how much debt we have, the deficit. they're also worried that the quality of the jobs that are available aren't maybe what they used to be. >> they are. and they said, look, poppy, it's not just about that 5.2%, it's about the jobs that we're getting that are being created. they're lower paying jobs, the hour
national. that was a record for the day. we've been running a deficit of 8 plus inches recently. that deficit is now down to 2.5. one thing tropical systems do is relieve drought conditions but do it too quickly. big circulation. the actual center circulation is up here according to the hurricane center. they're still classifying this with 65 mile an hour winds right around the center. end -- i think that's kind of generous. we have the snow in the mountains especially above 3,000 feet. we could have more than 20 inches of snow. our rain is really coming down here this morning. you can see lots of areas in dark green. not as intense as it was an hour ago. some of the highest elevations, skyline drive, we've been seeing snow up there as well. locally, lighter rain into howard county and especially by the bay now. the heavier showers western prince george through dc, fairfax, easton, manathis. down the petomic it's really coming down. you can see the moderate rain that's going on also across montgomery and frederick counties there and into sterling. things are getting lighter also
the opposite of what obama claims he's going to do. that is he's lowered taxes and closed budget deficits. but i actually find the trust argument very odd. because president obama promised that we would have 4.2% economic growth right now. we have 2%. he promised an unemployment rate that would be far below where it is today. he hasn't delivered on his promises. on the issue of trust, what is going on with regard to libya? i mean here we have an extraordinary thing where the president comes out on friday and says i directed that everything possible should be done to aid our embassy under attack. that attack went on for seven hours, we now know that secretary of defense saying he denied requests for help over that seven hours. where is the leadership. it's a trust issue. >> on the economy, how does it tip the scales, david brooks and ej dionne in the final nine days? >> i think this has been the worst campaign i've ever covered. i think they're both ending on the same note they started. obama is doing a negative campaign, he's got an ad out which is called "remember" which is about romney.
and the senate leans more republican. we're more likely to get a grand bargain on deficit reduction because the president will be more likely to make a deal for 2014 and 2016. they can't spend the next four years not doing anything about the deficit. we could see a deal to reduce the budget deficit and that would be a net positive for all the financial markets if that happens. but if the republicans were to run the table, you would see a pretty big rally on wall street. >> if president obama stays in office, do you think we'll take another peek at the american jobs act? >> i certainly think that's something the president is going to bring to the table. and perhaps that could be part of a bargain around the debt ceiling. one thing we've heard a lot of talk about, not so much from the white house although they've suggested they're open to it, is some sort of extension not to the payroll tax cut, but something like that. and, actually, just from the economics -- >> which is the only thing that republicans liked over the sum from the american jobs act. >> that's a good point. that's a correct p
. on the other hand, we all spent so much time worrying about the deficit, so much time worrying about the long-term fiscal situation of the country and the fact is the fiscal cliff solves our deficit problem. it does come with something of silver lining. that if congress does nothing, our whole deficit problem isn't solved because we have to deal with medicare and rise of health costs over the next 20 or 30 years but medium term deficit problem is solved by the fiscal cliff with the increase in taxes and automatic decline in spendispen spending it disappears. for once, if congress does nothing, it will make major progress on the deficit. >> thanks so much. david, thanks for standing by and being with us. >> thank you. >> up next, marathon madness. the race goes on despite mounting controversy. and this weekend, we're turning rockefeller plaza into democracy plaza, broadcasting there this sunday. a special edition of "andrea mitchell reports" at a special time, 3:00 eastern only right here on msnbc. what if there was a new way to deal with money that focused less on fees and more... on what mat
on track, get things going again for starters and i'm worried about the budgets, the deficits. all my kids are in their 30s and we need the bubbling economy to move them along. >> a lot of people are hurting right now. but the president's ideology is what we need. >> i would say that the stimulus package was a really big success and i thought that, you know, i want government to play a role in our lives and i have a feeling that romney doesn't think that it should. >> let's met bring in jonathan althar. welcome to my home state. let's talk about the economy and we put it in the context of the latest poll. jonathan, is this an economy election in ohio? >> it always is. this is the heartland of america and even when the economy isn't as big as it is this year, in ohio in particular, it's about those working class voters and whether they think that one candidate or the other is providing them with a better future. and this has been a very stable race in ohio. largely because of the senator who is taking the podium soon, sherrod brown. this is one of the hidden stories of ohio. we've heard a l
. when you were speaker of the house for five of the six years, indiana ran deficits. when mitch daniels came into powers -- came into power couple of years later, indiana was 700 million in debt and had a deficit of $820 million. the facts are stubborn things. i would like to know from my colleague how will we protect and preserve the fiscal integrity of the state of indiana. >> you know our budget has to be in indiana according to the constitution. i have ballast and produce a bipartisan budget. -- i have balanced and produced a bipartisan budget. i find it almost laughable the united states congressman would lecture anyone about fiscal responsibility. you voted not once, not twice, but five times congressman. you voted and the resolve to increase the deficit by $200 billion. >> fine key house, senate, and governor's races from across the country at c-span radio and c- span.org. "washington journal" continues. host: conversation about the battleground state of new hampshire continues with jim merrill. if i could just begin with some specifics about new hampshire. the unemployment rate,
to the biggest budget deficit in 2008. >> so you believe the senate is doing their job? >> i think that they did the right thing in the budget control act. this includes revenue and going after these tax loopholes. the politicians who signed the pledge to the lobbyists grover norquist -- >> i will give you 60 seconds to respond. >> sitting around your kitchen tables you can't go three months without managing your finances. you can't go three weeks without managing the budget for your small business. but he and other career politicians have gone three years since they passed a budget. he talks about the budget control act. if you are watching this, think for a second. do you have the budget control act in your small business? this is washington speak. we manage our small business with the budget. but these politicians to think that they can live by different set of rules. after you've been there 20 years i think this is what happens. i support the proposal this is, no budget, no pay. >> this is a good sound bite but it doesn't get us to where we need to be. we passed the budget that does to the b
and that there are -- i mean, in past budget deficits, big budget deals, there have been efforts made, successful efforts to either expand or protect low income programs. so it is possible to do without putting at risk the most vulnerable, the major deficit reduction packages of 1990, 1993 and 1997 all protect programs for low income americans as did the bowles-simpson proposal that was under consideration last summer that pushed out, that created the sequester. the resolution of which created the sequester and the current cliff that we're looking at. so i guess i would say i don't disagree that these programs are at risk, but it's important to know that lots of people are working to protect them, and that it is, certainly, these are not programs that are contributing to the long-term fiscal problems in the country, and so there's no reason why they can't be protected as part of the resolution. >> just to clarify, um, while the big programs like snap are not subject to sequester, you know, lie heap, wic which is the special nutrition program for women, infants and children, head start, there are a number
with some ideological policies that have been proven not to work, blow a hole in budget deficit, the economy collapses? i would like to ask -- if these policies that they want to implement are so great why didn't they work in the last 10 years? we have a lot more information in our society today. that was not that long ago when we experienced almost a complete economic collapse. the president has been able to help dig us out of the whole and get us moving in the right direction. there is a jobs bill that any economist who is being objective about it said we ill create over a million new jobs. get some money into the road and bridge projects that we need done in this country. make sure local governments are not laying off police, fire, and teachers. let's move the economy forward and create jobs. make investments into the new energy sector, research and development so we can create the jobs of the future. so places like ohio can keep going with what it is that we have been doing and build on the auto industry and build on the steel industry and get into the new economies. we are hitting a roa
have $16 trillion deficit that is looming over our country. we have to cut something. why not the defense? >> no one has sade that we shouldn't put things on the table to cut on defense. we shouldn't do it in this arbitrary fashion we are doing. >> in the debate the president said sequestration is not going to happen. >> the president signd that into law. i didn't vote for it. governor romney said he wouldn't have supported it but the president signed it into law. there is no way the president can just ignore the law. >> finger pointing aside, there is no doubt the impact here in virginia. >> shipyard basically is nuclear news. this put new you port news on the map. >> everyone around here is affiliated with the shipyard and rely on the shipyard a lot. >> we depend on the shipyard. >> a ticking time bomb that is about to go off in january 2013. how do you explain that to people and keep people calm? >> i'm a glass is half full kind of guy. we will work through this. it is the law of the land. i'm optimistic this will push people into a place where they have to come togethe
to tax cuts and would say actually deficits don't matter right now. let's make growth a priority. and because it was a republican president that, therefore, you would have the congress much more willing to go along. wall street at this moment would see that as a positive scenario, stimulus by stealth. >> what i worry about is that neither candidate if they win is going to get to execute their vision, that they're going to be having -- like you marry someone but there are a lot of unruly relatives you never quite realized were there. coming out of the woodwork. and i worry -- i actually think both men acquitted themselves quite well in the debates. but the point is, they're in this larger environment, what is going to go on. i worry we're going to see muddling through instead of clear-cut tax reform, clear cut infrastructure program, clear cut ways to improve education. >> joe, i remember a couple of years ago -- >> i do it every year. >> but a series of wonderful articles, before the midterm for "time" magazine. you talked over a lot of the midwest, middle class. and you found th
and deficit. in come mitt romney. >> he turned t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t the one time it's okay for you to miss my show is if that's the only time you can get to a polling place. make sure that voting is your highest priority on election besides, you can always dvr my show. you really cant' dvr the future of the country. to help you make informed decisions, watch current tv's politically direct lineup. only on current tv. so vote and vote smart. [ ♪ theme music ♪ ] >> cenk: all right, we're back on "the young turks." well hurricane sandy has left 2.2 million people without power, and then the lower battery section of manhattan of the waves have gotten up to 11.25 feet. just breaking a record of 1821. >>> mitt romney did run the olympics in salt lake city. >> romney: i worked at bain for 25 years. i left that go off and help save the olympics games. my leadership helped save the olympics from scandal and give our american athletes a chance to be as proud as they did. >> cenk: reason why number 28 i could never be a politician. awesome, it was all me. we
in this country. and we face this deficit -- could crush the future generations. and republicans and democrats both love america but we need to have leadership -- leadership in washington that will actually bring people together and get the job done and could not care less if it's a republican or a democrat. i've done it before, i'll do it again. i'm mitt romney, and i approve this message. we were told to build a 30-foot stage. gathered the guys and we built that 30-foot stage, not knowing what it was for. just days later, all three shifts were told to assemble in the warehouse. a group of people walked out on that stage and told us that the plant is now closed and all of you are fired... i looked both ways, i looked at the crowd, and...we all just lost our jobs. we don't have an income. mitt romney made over 100 million dollars by shutting down our plant and devastated our lives. turns out that when we built that stage, it was like building my own coffin, and it just made me sick. [ male announcer ] priorities usa action is responsible for the content of this advertising. >>> welcome back to
. and we face this deficit -- could crush the future generations. and republicans and democrats both love america but we need to have leadership -- leadership in washington that will actually bring people together and get the job done and could not care less if it's a republican or a democrat. i've done it before, i'll do it again. i'm mitt romney, and i approve this message. >>> welcome back. you know the storm blew through the capital of maryland yesterday afternoon as well. several stores in annapolis taped up their windows. you see the sandbags piled up there but the harbor did not flood. the surge of the water was actually pushed away from annapolis which tucker said would happen. even when high tide hit around 6:00, the docks were still not under water. they prepared. >> it is called a blowout. the winds pushed the water away. now, we're concerned today because the winds have shifted out of the south and we'll have a a couple of high tides today and the moon was full yesterday and with a good southerly breeze today, we could have flooding issues in annapolis, oldtown alexandria. the
the change. andrew said, vote against romney because he would balloon the deficit. an odd argument who added $5 trillion to the deficit. that's mr. obama. >> the recession added $5 trillion to the deficit that was caused by the previous administration. >> but voters believe that obamas will do so much more harm. voters are choosing between two men, each of chom are far from perfect, i think that's why you see a lot of -- it's very negative. >> one will lead to balanced budgets. and one whose math will not. >> change, that was an interesting change in mitt romney's speech this week, he kept talking about big change, you want big change, i can bring you big change. what challengers do it. we heard bill clinton do it. we heard barack obama do it. certainly. the hope and change thing is now benefiting the republicans this time. >> it transcended to their signage. >> more than election census, this is about the proper scope and actual confidence of governmentment. it will come down to a basic feeling that people have, who understands government better? >> i think that's fair. if you had a huge hu
paid for that window. so that's commerce. >> it is. you spoke about deficit spending a moment ago. look one of the problems we have in this country right now, one of the reasons why we can't get economic growth going more than about 2% is because of the deficit that we're running. deficits have a negative impact on the economy. so long term that isn't a good measure is. again if it was a good idea to go around and basically destroying property to create economic growth why don't we blow up a few cities and we can have a lot of economic growth? the real issue is is that we need productive commerce over time. not replacement commerce but long-term. we're talking about --. melissa: like how, lance. how can we do that? >> we need productive commerce. in the short term we'll get half a percent bump to gdp. long term it's a different issue. melissa: jeff, what do you think is the short or long term way we get the economy rolling again if it is not a big storm like sandy? >> really where does prosperity come from? not from deinstructing things and building them back up. it comes from getting t
to point out the same people who are concerned about the deficit and the impact on our children infrastructure is every bit as important. if we don't bring it up to speed it will hurt. >> john, do you think that building better school is going to change the education of our students. isn't it tougher standard and more competition. >> not one iota. it is a desperate act of the administration that ismenting to be perceived as doing 100,000 new teachers will not make investment rise . salary takers from the federal government can train jobs for the put future is laughable. best way to do that is are duce the burden. >> mark, is this another stimulus plan that is going to work the same way the last one did? >> i think the last one was ineffective because members of the congress decileded to block it and we spend little and we needed to spend two or three times the amount. it is 287 billion and we should have spent triple that and we have a 14.8 trillion. halfwent to loans and aid to bail out wall street. >> and so why are we going to spend money on jobs? >> we also have a 16.2 trill
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